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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: George Gotch who wrote (28519)4/27/1999 2:50:00 PM
From: limtex  Read Replies (2) | Respond to of 152472
 
GG -

Stocks that jump 100% in a month can go down huge if a correction last more than 2 days.

Well I don't of course know which if any stcoks that behaved like that you might have in mind.

However lets take the case of the Q. It has gone up quite a bit lately but it shouldn't have been so low for so long either. The mobile phone industry is growing at a very fast pace, indeed much faster than anyone ever dreamed that it could (maybe even Tero didn't dream of this for his beloved NOKA). And while we are on the subject NOKA also increased quite a bit but no-one seems to mind that very much.

Anyway all this global increase in mobile tlephony is going to get a huge boost from G3 and the Q is going to earn on quite a few of the G3 handsets that get sold from now till the end of time and also its going to earn from all the CDMA one units that get sold until adn iindeed after G3 gets going.

Now if that weren't enough we have ignored all the new products from the Q. OK they are only small like G* earnings and royalties and the new MSFT deal and the Movie distribution.

Anyway the point I am trying to get to is that it all depends ultimately on fundamentals.

By the way I am a huge pessimist as many on this thread will agree.

Regards,

L